Saturday, March 12, 2016

Installation of MetaTrader 4 Template

Dear traders, today we look at what is the pattern of MetaTrader 4 and how it can be useful for forex traders: namely how to establish the pattern on the chart of the currency pair, how to create and save MT4 template for opening later on another computer or in another terminal MT4.


So,
Template MetaTrader 4 - it is nothing more than a file with the extension <any name> .tpl, in which all information is stored on the chart of any currency pair, which were installed at the time of saving the template:
everything forex indicators (in various combinations, even if it is standard or complex indicators with all the necessary parameters or without them)
advisors / experts / forex scripts with the required settings (remember that all of these settings are stored in files with the extension code <any name> .set),
given the form of the chart: candlestick chart, bar chart, or lines,
as well as in the template file is saved: the color of the chart of the currency pair and candles or bars,
and of course on the chart after you install the template you saved everything graphical representations: the channel line and the trend horizontal price levels, Fibonacci retracements and extensions tools: Andrews pitchfork, Fibonacci channels,
text labels and labels on the chart.
That is all that was found on the graph to save the template MT4 and its general appearance, will have to schedule any other MT4 terminal after installation or in the adjacent box, for example, the same terminal!
But of course, if all the necessary indicators, advisers, scripts and etc. you have previously installed the Metatrader 4 terminal, if you do not put in the pre-terminal, then the chart they just do not appear ...
That is, using the MT4 Template is very convenient to transfer to other users with information on the status of the schedule on my screen.
That's why I propose to almost any strategy forex MT4 template of my site already prescribed parameters or indicators templates to my graphic constructions forex forecasts and analyzes.
But we should remember that despite all the advantages of this method of communication, when transferring the pattern and the opening of the market on Monday, some trend lines and channels may be "stray", so I suggest screens screen for projections, so that you yourself can fix tangled line .
Now let's look at an example:



And of course, absolutely any template for Metatrader 4 terminal, you can create and own.

To do this, you set all the necessary forex indicators on the chart of the currency pair for which trade, pick them appropriate settings, set the type of schedule, pick the color, the color of the candles and so on.

If necessary, install the experts, scripts, counselors, doing absolutely all graphical representations (if forex strategy graphic) and click on the schedule right mouse button in the window that appears select the "Template" ==> "Save template":



Then you save the template MT4 on your computer in any place where you are comfortable, and of course his name so that you it then easily found.

All, you have created a template and save!

After that, the same saved template can be installed on schedule for the chosen currency pair:

To do this, click on the right mouse button and the graph select the "Template" again, then "Download template" or select the name from the list below, if it is located in the templates of the same forex trading terminal:

Example:

For example, the path may be - C: \ Program Files \ MetaTrader <name forex broker> \ templates

Several additions to templates:

1) If you're on this site, you can not download the template, and it opens you to a nearby window to a text file, then you do to download it to your computer as follows:

Click on the link with the right button and choose a template "Save as ..." and save it on your computer, or you can just keep open the text file in .txt format and then change its extension to .tpl

This pattern is all the same will have a MT4

2) All of the templates in the .zip archive or .arj must first unzip it and only after installing the terminal in the methods described above!

3) You have probably long been known that there are forex brokers with 5 and 4-digit quotes (number of decimal places) (5-Digit - a broker like Alpari, a 4-digit - Forex4you type).

When you save a template for such brokers, some parameters of forex indicators need to be changed. If this is so, then I basically have attached 2 MT4 template for such forex strategies.